Insights and strategies for effective sourcing, contract, supplier, and savings management in procurement
It’s time you assess how the benefits of vendor management system deliver measurable value: you gain cost savings, centralized supplier data, and stronger compliance while reducing supplier risk and exposure to data breaches. By adopting a VMS you streamline procurement, cut manual errors, and increase operational resilience, giving your team clearer oversight and faster decision-making. […]
Over the last decade, your approach to supplier performance management determines whether suppliers deliver value or expose you to risk. In this guide you’ll learn the eight critical supplier performance management metrics that let you measure on-time delivery, detect supplier risk, and reward innovation, so you can make data-driven decisions, reduce disruptions, and improve cost, […]
In 2025, Supplier Compliance and Risk Management has become increasingly crucial for businesses across various industries. With the global marketplace becoming more interconnected, companies are relying on a network of suppliers to deliver goods and services. Ensuring that these suppliers adhere to regulatory requirements, ethical standards, and sustainability practices is paramount for maintaining a positive […]
Vendor Onboarding is the structured process of identifying potential suppliers, evaluating capabilities and risks, completing contractual and compliance checks, and integrating approved vendors into procurement, finance, and operational systems. A repeatable Vendor Onboarding workflow ensures accurate vendor data, consistent compliance checks, and clear expectations for both sides. 3 Best practices for Vendor Onboarding 1. Define […]
Relationship Vendor Relationship Management forces you to set clear KPIs, enforce contracts, and map supplier risk so you can prevent the risk of disruption while capturing mutual value. oboloo helps you operationalize Vendor Relationship Management with practical tools and guidance; explore further insights via Harvard Business Review. Key Takeaways: Vendor Relationship Management is a strategic […]
You can transform your procurement with Supplier Onboarding Software, helping you cut onboarding time, reduce fraud risk, and enforce regulatory compliance while centralizing documents, automating validations, and improving supplier collaboration so your team focuses on strategic sourcing instead of manual tasks. Key Takeaways: Supplier Onboarding Software: 8 Key Benefits Checklist Adopting Supplier Onboarding Software speeds […]